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Massachusetts Foreclosure Laws

Posted on 24 February 2008

-  Judicial Foreclosure Available: Yes -  Non-Judicial Foreclosure Available: Yes -  Primary Security Instruments: Deed of Trust, Mortgage -  Timeline: Typically 90 days -  Right of Redemption: No -  Deficiency Judgments Allowed: No In Massachusetts, lenders may foreclose on deeds of trusts or mortgages in default using either an entry by possession or non-judicial foreclosure [...]

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Maryland Foreclosure Laws

Posted on 24 February 2008

-  Judicial Foreclosure Available: Yes -  Non-Judicial Foreclosure Available: Yes, with restrictions -  Primary Security Instruments: Deed of Trust, Mortgage -  Timeline: Typically 90 days -  Right of Redemption: No -  Deficiency Judgments Allowed: Yes In Maryland, lenders may foreclose on a mortgage or deed of trust in default using either the judicial, assent to [...]

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Maine Foreclosure Laws

Posted on 24 February 2008

-  Judicial Foreclosure Available: Yes -  Non-Judicial Foreclosure Available: No -  Primary Security Instruments: Mortgage -  Timeline: Typically 90 days -  Right of Redemption: Yes -  Deficiency Judgments Allowed: Yes In Maine, lenders may foreclose on mortgages in default by using either a judicial or strict foreclosure process. Judicial Foreclosure Although Maine allows lenders to [...]

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Louisiana Foreclosure Laws

Posted on 24 February 2008

-  Judicial Foreclosure Available: Yes -  Non-Judicial Foreclosure Available: No -  Primary Security Instruments: Mortgage -  Timeline: Typically 60 days -  Right of Redemption: No -  Deficiency Judgments Allowed: Yes In Louisiana, lenders may foreclose on a mortgage in default by using the judicial foreclosure process. Judicial Foreclosure There are two types of judicial foreclosure [...]

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Kentucky Foreclosure Laws

Posted on 24 February 2008

-  Judicial Foreclosure Available: Yes -  Non-Judicial Foreclosure Available: No -  Primary Security Instrument: Mortgage -  Timeline: Varies -  Right of Redemption: Yes -  Deficiency Judgments Allowed: Yes, but with restrictions In Kentucky, lenders may foreclose on a mortgage in default by using the judicial foreclosure process. Judicial Foreclosure Generally, in judicial foreclosure, a court [...]

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Kansas Foreclosure Laws

Posted on 24 February 2008

-  Judicial Foreclosure Available: Yes -  Non-Judicial Foreclosure Available: No -  Primary Security Instruments: Mortgage -  Timeline: Typically 120 days -  Right of Redemption: Yes -  Deficiency Judgments Allowed: Yes In Kansas, lenders may foreclose on a mortgage in default by using the judicial foreclosure process. Judicial Foreclosure The judicial process of foreclosure, which involves [...]

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Iowa Foreclosure Laws

Posted on 24 February 2008

-  Judicial Foreclosure Available: Yes -  Non-Judicial Foreclosure Available: No -  Primary Security Instrument: Mortgage -  Timeline: Typically 150 -  Right of Redemption: No -  Deficiency Judgments Allowed: No In Iowa, lenders may foreclose on a mortgage in default using either the judicial or the alternative non-judicial foreclosure process. Judicial Foreclosure The judicial foreclosure process [...]

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Indiana Foreclosure Laws

Posted on 24 February 2008

-  Judicial Foreclosure Available: Yes -  Non-Judicial Foreclosure Available: No -  Primary Security Instruments: Mortgage -  Timeline: Typically 150 days -  Right of Redemption: Yes -  Deficiency Judgments Allowed: Yes In Indiana, lenders may foreclose on a mortgage in default by using the judicial foreclosure process. Judicial Foreclosure The judicial process of foreclosure, which involves [...]

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Illinois Foreclosure Laws

Posted on 24 February 2008

-  Judicial Foreclosure Available: Yes -  Non-Judicial Foreclosure Available: No -  Primary Security Instrument: Mortgage -  Timeline: Typically 210 days -  Right of Redemption: No -  Deficiency Judgments Allowed: Yes Lenders in Illinois have a number of options available to them to foreclose on a mortgage in default. Judicial Foreclosure A notice of the lenders [...]

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Idaho Foreclosure Laws

Posted on 24 February 2008

-  Judicial Foreclosure Available: No -  Non-Judicial Foreclosure Available: Yes -  Primary Security Instruments: Deed of Trust -  Timeline: Typically 150 days -  Right of Redemption: Yes -  Deficiency Judgments Allowed: Yes In Idaho, lenders may foreclose on deeds of trusts in default using the non-judicial foreclosure process. Non-Judicial Foreclosure The non-judicial process of foreclosure [...]

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